Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...

Tuberculosis continues to be a major health problem in India. But the unveiling of a new test to diagnose TB and drug resistance on World Tuberculosis Day (March 24) brings some hope into a bleak scenario. Last Thursday, on World Tuberculosis Day, for the first time since the 1880s there was probably some justifiable cause for jubilation. After centuries of grappling with sputum smear microscopy, developed way back in the 1880s,...

Representatives of Swan Telecom, Reliance, Airtel and Unitech also told to appear before it The Public Accounts Committee (PAC), headed by Murli Manohar Joshi, has summoned corporate lobbyist Niira Radia and Tata Group Chairman Ratan Tata for questioning on April 4 on purported irregularities in the grant of telecom licences. The PAC has also asked representatives of Swan Telecom, Reliance, Airtel and Unitech to appear before it. A Tata spokesperson said Mr....

A few years ago, Paul Kagame, president of Rwanda, had a chance meeting with Som Pal, former member of the Planning Commission and earlier minister of state for agriculture, and was bowled over by his sage-like views on developmental issues. The president promptly invited Som Pal to his blighted country to suggest policy measures to get out of a developmental quagmire. Som Pal travelled to Rwanda; he was hosted at...

Bagisa Shramik Santha and Asom Majuri Shramik Union, two registered unions of the state, have demanded that the tea industry should hike the daily wages of labourers on a par with wages given to workers under the National Rural Employment Guarantee Act (NREGA) schemes. The unions have over one lakh members across the state. The Asom Majuri Shramik Union has its headquarters in Silchar while the Bagisa Shramik Santha has it headquarters...